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Svetlana Suslina

Doctor of Economics, RAS Institute of Far Eastern Studies, RIAC Expert

Viktoriya Samsonova

Ph.D. in Economics, Leading Research Fellow, Center for Korean Studies, Institute of Far Eastern Studies of the Russian Academy of Sciences, RIAC Expert

On September 30, 2020, the Russian Federation and the Republic of Korea celebrated the 30th anniversary of establishing diplomatic relations. This is a good occasion to look back at the achievements, taking into account miscalculations and problems in bilateral cooperation, as well as to assess the prospects for further collaboration.

An objective look at the journey the two countries have travelled over these years shows that the Moscow–Seoul dialogue has demonstrated generally positive dynamics largely because the two states have no major political contradictions and their economies complement each other.

At the same time, the results achieved cannot be considered satisfactory since they do not fully reflect the two states’ potential and capabilities. This study provides an analysis of the results of economic cooperation between Russia and South Korea, identifies untapped resources, assesses prospects and elaborates proposals for making collaboration more efficient.

On September 30, 2020, the Russian Federation and the Republic of Korea celebrated the 30th anniversary of establishing diplomatic relations. This is a good occasion to look back at the achievements, taking into account miscalculations and problems in bilateral cooperation, as well as to assess the prospects for further collaboration.

An objective look at the journey the two countries have travelled over these years shows that the Moscow–Seoul dialogue has demonstrated generally positive dynamics largely because the two states have no major political contradictions and their economies complement each other.

At the same time, the results achieved cannot be considered satisfactory since they do not fully reflect the two states’ potential and capabilities. This study provides an analysis of the results of economic cooperation between Russia and South Korea, identifies untapped resources, assesses prospects and elaborates proposals for making collaboration more efficient.

Russia and South Korea: Ways to Develop Economic Partnership, 979 Kb

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Poll conducted

  1. In your opinion, what are the US long-term goals for Russia?
    U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements  
     33 (31%)
    U.S. wants to deter Russia’s military and political activity  
     30 (28%)
    U.S. wants to dissolve Russia  
     24 (22%)
    U.S. wants to establish alliance relations with Russia under the US conditions to rival China  
     21 (19%)
 
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